This trade can also be done on SPX in a PM account, but may still require higher margin.

Trade Entry

• Enter new trade every Monday
• Aim for 120 DTE
• Around 6 Delta
• Ladder up to 8
• Size according to MAL ≤ 2% of Net Liq

Trade Management

• 40% profit target
• 200% Stop Loss (2X Max Loss or 3X initial credit Stop Loss)
• No more than 8 on at a time
  • Average of 24 DIT

Backtests

Backtests